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The Tax Publishers LLP Agreements (Sample 1) (As per Section 23(1) of LLP Act, 2008) THIS Agreement of LLP made at ..................... this ................. day of .............. 2022 BETWEEN 1. ......................................., a company registered under the Companies Act, 2013, having its registered office at ................................................. through its authorized representative ........................... which expression shall, unless it be repugnant to the subject or context thereof, include their legal heirs, successors, nominees and permitted assignees and hereinafter called the FIRST PARTY, and 2. ..................................... residing at .............................. which expression shall, unless it be repugnant to the subject or context thereof, include their legal heirs, successors, nominees and permitted assignees and hereinafter called the SECOND PARTY, (BOTH THE FIRST & SECOND PARTY SHALL BE COLLECTIVELY REFERRED TO AS PARTNERS). WHEREAS the First Party is ......................................................................................... WHEREAS the Second Party is .................................................................................... NOW the first & second party are interested in forming a Limited Liability Partnership under the Limited Liability Partnership Act, 2008 and that they intends to write down the terms and conditions of the said formation and IT IS HEREBY AGREED BY AND BETWEEN THE PARTIES HERETO AS FOLLOWS 1. A Limited Liability Partnership shall be carried on in the name and style of M/s. ...................... LLP and hereinafter called as .......................... AB LLP. 2. The AB LLP shall have its registered office at .................................. and/or at such other place or places, as shall be agreed to by the majority of the partners from time to time. 3. The contribution of the AB LLP shall be Rs. ................................. (Rupees ............................... only) which shall be contributed by the partners in the following proportions. First Party ...........% i.e. Rs. ......................... (Rupees ......................................... only) Second Party ........% i.e. Rs. ...................... (Rupees ........................................... only) The further contribution if any required by the AB LLP shall be brought by the partners in their profit sharing ratio. 4. All the Partners of the AB LLP are entitled to share profit and losses in the ratio of their respective contribution in the LLP. 5. The business of the AB LLP shall be of ............................ and other ancillary business more particularly described in the Schedule 1 annexed herewith or any other business in any other manner as may be decided by the majority of Partners. Admission of new partner SUBSCRIBE FOR FULL CONTENT

The Tax Publishers

(As per Section 23(1) of LLP Act, 2008)

THIS Agreement of LLP made at ..................... this ................. day of .............. 2022

1. ......................................., a company registered under the Companies Act, 2013, having its registered office at ................................................. through its authorized representative ........................... which expression shall, unless it be repugnant to the subject or context thereof, include their legal heirs, successors, nominees and permitted assignees and hereinafter called the FIRST PARTY, and

2. ..................................... residing at .............................. which expression shall, unless it be repugnant to the subject or context thereof, include their legal heirs, successors, nominees and permitted assignees and hereinafter called the SECOND PARTY, (BOTH THE FIRST & SECOND PARTY SHALL BE COLLECTIVELY REFERRED TO AS PARTNERS).

WHEREAS the First Party is .........................................................................................

WHEREAS the Second Party is ....................................................................................

NOW the first & second party are interested in forming a Limited Liability Partnership under the Limited Liability Partnership Act, 2008 and that they intends to write down the terms and conditions of the said formation and

IT IS HEREBY AGREED BY AND BETWEEN THE PARTIES HERETO AS FOLLOWS

1. A Limited Liability Partnership shall be carried on in the name and style of M/s. ...................... LLP and hereinafter called as .......................... AB LLP.

2. The AB LLP shall have its registered office at .................................. and/or at such other place or places, as shall be agreed to by the majority of the partners from time to time.

3. The contribution of the AB LLP shall be Rs. ................................. (Rupees ............................... only) which shall be contributed by the partners in the following proportions.

First Party ...........% i.e. Rs. ......................... (Rupees ......................................... only)

Second Party ........% i.e. Rs. ...................... (Rupees ........................................... only)

The further contribution if any required by the AB LLP shall be brought by the partners in their profit sharing ratio.

4. All the Partners of the AB LLP are entitled to share profit and losses in the ratio of their respective contribution in the LLP.

5. The business of the AB LLP shall be of ............................ and other ancillary business more particularly described in the Schedule 1 annexed herewith or any other business in any other manner as may be decided by the majority of Partners.

Admission of new partner

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